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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
5 mins to read

Why a royal commission into banking is needed here

Analysis: The same institutions that sell financial products should not be able to own businesses that provide advice on what to buy.

Fri, 11 May 2018

The Australian Royal Commission into Misconduct in Banking has, quoting Bloomberg, “uncovered a litany of wrongdoing including bribery and fraud, poor lending practices and pervasive lying to regulators. The most startling revelations relate to financial planning and wealth management where banks

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Why a royal commission into banking is needed here
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